UK’s Financial Regulation Authorities Conducting Review Into London Metal Exchange

UK’s Financial Regulation Authorities Conducting Review Into London Metal Exchange
Traders, brokers and clerks shout and gesture on the first day of in-person trading at the London Metal Exchange in London on Sept. 6, 2021. Leon Neal/Getty Images
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City regulators have launched an investigation into the London Metal Exchange after it suspended nickel trading last month.

On March 8, the exchange, which is owned by Hong Kong Exchanges and Clearing, suspended its operations for more than a week and canceled billions of dollars of trades after experiencing significant volatility, prompted by supply fears amid Moscow’s invasion of Ukraine.

Katabella Roberts
Katabella Roberts
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Katabella Roberts is a news writer for The Epoch Times, focusing primarily on the United States, world, and business news.
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